What a strange report. Why.
Well why AUL and not a plethora of other companies. As examples IVR and CTO, OGX and EUC ad nauseum.
I admire that management is paddling like mad to stay afloat. I dont admire the turnaround announcement in that I regard they withheld price sensitive information regarding obvious problems that needed a turnaround.
I wonder how the cheersquad would have felt if it said something along the lines of....
We have problems with the plant which we can't fix and have run out of cash and have to stop processing/ go into administration.
Its ok to be supportive but that was legally questionable according to ASX rules on continuous disclosure.
AUL Price at posting:
0.3¢ Sentiment: None Disclosure: Held
